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Search Results 0 to 49 of about 315 (some duplicates have been removed)
. also in the program, the u.s. congress bars to build chinese telecom companies from takeovers or mergers. it's as there are security threats. a warning on afghanistan's future. in the report forecasts collapse and even civil war after foreign forces have left. it's midday in london, 7:00 in the evening in beijing, 7:30 in the morning in caracas. hugo chavez has extended his 14- year grip on power in venezuela. the vote was his narrowest victory, but it gives him another six-year term to continue venezuela's socialist revolution. his victory may irritate his detractors in washington and elsewhere. the votes pit the president against the young candidate henrique capriles, who vowed to open the country to private investment. now this report from caracas. >> this had been billed as a tight race. but the results came quickly in the end after the final polling stations had closed and gave hugo chavez a 10-point lead. >> to those who promote hate and social poison and those always drawn to deny all the good things that happen in venezuela, i invite them to dialogue, debate, and to wo
financial ministers meeting next month. >>> now checking on the business side of markets. u.s. and european stock prices extended gains in overnight trade. strong u.s. housing data helped to lift market sentiment. the fact that spanish bonds also avoided another downgrade supported stocks and for more details, let's go toy to tokyo stock exchange. some markets are taking a little bit of a turn for the better. >> good morning, rahim. u.s. housing starts in support did rise to the fastest pace in around four years. but the market gains were capped by some lukewarm earnings by some high-tech giants. let's take a look at how that's moving markets in tokyo this thursday morning. the nikkei and the topix both opening higher. nikkei up 0.9% at 8882. the topix also up 745. the nikkei managed to top the 8800 level for the first time yesterday. that's in six sessions on a weaker yen which boosts exporters and euro related stocks. we'll be keeping an eye today on some tech rated stocks such as chipmakers after intel gave a somewhat cautious outlook for the personal computer sector on weaker global dem
they will work and what they will do. we have to strictly maintain the japan-u.s. alliance. this will be a strong message for the military. >> reporter: japanese officials insist their relations with china are important. they've been calling on their neighbor to act calmly. officials say they hope to settle dispute peacefully based on international law. >>> achinese film production team has decided to withdraw its entry. the team wanted to protest the japanese's government nation nationalization of islands in the east china sea. the news agency reported on thursday that fung shui has been pulled. the film depicts a woman with struggles in the 1990s. they said the japanese government has not shown a sincere attitude regarding the settlement of the dispute. this has hurt the feelings of the chinese people. >>> the people responsible for foreign affairs in japan and britain have agreed to work together to respond to cyber attacks. japanese foreign minister met with his british counter part william hague in london. they agree their officials will cooperate in the event of online attacks. they promise
the point that the u.s. certainly looks better than everyone else. so, the key question is, can the u.s. avoid catching the world's cold? >> that's a literal statement. the u.s. looks better than other xhis in the world but it's not a great spot to be in. with the amount of policy and political uncertainty, the u.s. -- even the u.s. recovery staying strong is certainly not a sure thing. they'll be buffeted by headwinds from abroad because china and india are not doing well. even u.s. has a rocky road ahead. >> you go through nearly every region of the world and talk about all the negatives in every part of the world. is there going to be a global recession? can you put a percentage on it? what's your estimate? >> well, right now it's political and policy uncertainty that's really the big story in virtually every economy. central banks around the world have put a floor on risk, and that's what i think is helping financial markets stay afloat. if you look at the confidence indexes i look at in my overall index, that doesn't look good at all. consumers and businesses around the world seem
just a tad. the euro is trading to $1.2966. consolations between china and the u.s. have seen better days. the u.s. has released a report saying that americans have -- should not do business with communications companies. >> the report follows an 11- month investigation into two companies. >> legislators in washington fear foreign telecom companies could pose a threat to u.s. national securit. it says firms could use their business in the u.s. to install software to is by an ounce -- spy on u.s. infrastructure. they named two companies and they believe they should be wary of huawei and zte. the two companies deny the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the w
mortgage deals. u.s. attorney general eric holder told reporters yesterday many of the scams involved unnecessary fees and were aimed at innocent homeowners attempting to participate in foreclosure relief programs created by the obama administration. holder says several government agencies coordinated efforts to track down con artists. "over the past 12 months it has enabled the justice department and its partners to file 285 federal criminal indictments and informations against 530 defendants for allegedly victimizing more than 73,000 american homeowners and inflicting loses in excess of one billion dollars." meanwhile, a u.s. attorney in new york has filed a civil lawsuit against wells fargo. the bank is accused of bilking consumers out of millions of dollars in mortgage fraud. wells denies allegations. meetings resume today for 8 u.s. senators aiming to avoid the year-end fiscal cliff. the bipartisan group continues a second day of meetings that will stretch into tomorrow. the goal is for democrats and republicans to reach an agreement on how to avoid the looming spending cuts that
its missiles can now reach the u.s. mainland. >> next time it's for real. the -- they vow to go faster and further than before. it's midday in london. angela merkel has just arrived for her first visit in five years in greece. the greece she will see this time around will see people mired in -- some of the anger is toward angela merkel. so why is she there? here's our correspondent. >> she arrived for her first visit to greece in over five years. touching down in the euro zone's most indebted nation. she stayed away before critical of the slow performance but now a show of support. large parts of athens were cordened off. a sign of the rage against a leader many see as driving the painful spending cuts. protests before her arrival had banners and slogans against angela merkel. germany has insisted on those cutbacks before austerity relief was given. >> we want to form a strong partnership with especially germany. >> it was the greek prinal minister's visit that laid down citizenshiplations. for the prime minister, seeking to rebuild greece's credibility, it's of huge importance. from o
as competitive in the world as it once was. you see evidence of the u.s. getting some of it back. so mexico sort of had its breakfast, lunch and dinner the past 20 years by china appearing on the scene is probably in the early stages of regaining some of that a. so i think mexico is a big winner. southeast asia, philippines, for example. >> all right. jim, stick around. more to come from you. let's get over to asia and get a wrap of the day over there. >> thanks, ross. asian markets were mostly higher buoyed by improved data in u.s. and europe and also the rba rate cut. surprising move from the central bank helped the australian market end at a five month high. resources and banks enjoyed the rally. the aussie dollar on a one month low on the back of that decision. more companies announced profit warnings as concrete signs of a fwleb al slowdown, but shipping companies rebounded on some short covering.korea, the bok a it would for growth. but the kospi ended flat. losses in hyundai motor and samsung electronics ahead of its q3 earnings guidance. the company also officially added the iphone 5 in
. >> imf down grades global growth saying europe and the u.s. needs to get their finances in order or risk further weakness. >> the euro trades lower as draghi speaks in brussels. the ecb president announces proposals to deal with risks from the banking sector. >> plans to make further proposals for macro policy particularly on vulnerabilities linked to bank funding. >> angela merkel faces a tough reception in greece as protesters take to the streets. >>> and alcoa kicks off what could be subdued u.s. earnings season. third quarter results of the s&p 500 are expected to drop overall snapping 11 quarters of gains. >>> okay. good to have you back. >> good to be back. you were out, i was out, it was -- >> and i was a little worried about what you were up to, so i do admit, i had you followed. and my man, he sent me back this photograph. >> oh, no. >> that is you with the goggles, right? >> yes, that's me with the goggles. >> what's going on? >> that's my sister at the end there. so i was back at my alma mater in virginia for my college reunion. part of that was -- >> to dress up and pretend y
company's performance will not be affected by the outcome of the u.s. election. >>> plus top oil producers forge ahead with ambitious output targets banking on stronger chinese demand. >>> and president obama and mitt romney are set for round two of their presidential debates tonight with the task of winning over undecided u.s. voters. >>> we start to get the into the meat of the week. advancers outpacing decliners by a little more than 6:3. yesterday ftse was up 0.2%, dax up 0.4%. this morning another third percent gains for the ftse 100. c 40 up 0.4%. ibex up about 1.10%. s&p putting a negative outlook on biggest spanish banks. let's show you where we stand. not impacted on the stocks. as far as bond issues are concerned, we have a t-bill auction coming out today in spain. we'll get the results of that in about an hour. 5.82%. spanish yields slightly higher than where we were yesterday. italy is fairly contained. the big test for spain will be on thursday. first time we've had a primary debt auction out of spain since the s&p downgrade last week. we'll keep our eyes on gilts, as well. uk
the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the need to use capital to help troubled banks in spain. >>> greece is one of the struggling eurozone members counting on bailout funds to keep it functioning. international lenders are demanding the country's politicians implement deep spending cuts in return for that aid. angela merkel traveled to athens to urge greek leaders to push ahead with austerity measures. merkel met with greek prime minister samas and this is her first visit since the debt crisis began three years ago. she hopes the country will stay with the euro
. there are worries about the failure of u.s. policy makers to agree so far on a fiscal plan. >> reporter: he ran through a list of challenges in developed countries. government spending cuts, a weak financial system, high unemployment. emerging economies such as china drove the recovery from the global downturn, but they have cooled off. >> clearly the downside if the global economy were to slow much more than expected, then additional policy measures will be needed. >> reporter: he said he was encouraged by the easy money policies of many banks and pieces to what he called a complex puzzle are starting to fall into place. he said if the puzzle can be completed, then one can hope that the worst might be behind us. ron madison, nhk world, tokyo. >>> this high level gathering wouldn't have been happening here in tokyo if things had gone according to plan. accordi organizers originally decided to go in egypt. immediately raised his hand and proposed japan would host. we spoke with the vice minister of finance for international finance. >> reporter: vice minister nakoa was instrumental to bringing t
, further expand their network in the u.s. >> what is the attraction here for softbank? >> this comes after the transaction of another acquisition in japan. so it's in line with what they've explained to investors over the past two years. where they want to take the company, expand into the telecom sector. and this will allow them to get a foot hold into the u.s. market which they currently don't have a presence in and the inner -- with their massive capital expenditure going forward. >> do you think they're going to start lowering prices or do you think they'll keep prices where they are because they like the cash generation from it? >> as far as bill porter is concerned from softbank's perspective, this will make them the third largest wireless carrier over in the u.s. behind verizon and at&t. and so i think eventually once we deal with the forward capital expenditure that they'll have to invest in going forward, i think we can all talk about, well, is this going to also impact prices in the u.s. but first they'll expand their network before talking about is it going to lower prices. >> a
week we had the host committee that looked into cyber crimes warning cyber attacks on u.s. financial institutions are going to pick up but wasn't from the group that ties itself to islamic radicals, they're more concerned about cyber crimes from iran and china. melissa: is it less effective if your notes are going to do it? >> we are doing this in reality it is somebody else may be doing it. melissa: china and u.s. on the rocks again for the second time fo,this time it is about solar cells to these. coming up next. lori: one airline is make it possible to use your phone in the air. gold is way down, this is the stock market down a little bit. silver also lower. back with more after this. melissa: china and the u.s. at odds for the second time this week as the subsidy reaches him. rich. >> the commerce department is looking to move forward this week hitting them with terrorists. folks and chinese businesses and trade policies charging that government was heavily subsidizing green energies in other industries. u.s. is also subsidized green energy and one international trade attorney wh
situations to stabilize, as well, because of the improving signs in u.s. economy and that will help the china market to fund the bottom and reverse the down trend oig by the second half of the fourth quarter. >> we're looking at this transition towards domestic consumption. the retail sales that we've been looking at as you're suggesting not exactly brilliant either. if you're looking for more policy initiatives, what are they going to be and are they going to focus on that retail consumer side? >> the retail consumer side, yes, they will focus on it, but it will not be a quick fix. trying to encourage more retail and more consumptions, you need structural changing wage growth which they are doing, but they can't to it overnight. and also in providing more social securitys. and that's going to take a while. and i will say that the quick fix is more on the investments which they have already announced sizable stimulus in infrastructure spending. of course the largest component of the gdp which is the fai. and that would be short term solution. long run, yes, they are also working on the retail
through those trillions of dollars spent by the u.s. government each year. >> reporter: what you might not know about the federal deficit. a guided tour in and around washington, d.c. with the "wall street journal's" david wesson. >> woodruff: we have another in our series of topics not being talked about in the campaign. tonight's missing issue is europe's debt crisis. >> brown: an ancient and historic city at risk in a modern-day civil war. we look at the destruction in aleppo, syria. >> this is one of the great tragedies. aleppo's an extraordinary cross roads of cultures, religions, all built on a strata of centuries of -- >> woodruff: and ray suarez has the story of a 19th century recording made on tinfoil by thomas edison, digitally converted so we can hear it. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> computing surrounds us. sometimes it's obvious and sometimes it's very surprising in where you find it. soon, computing intelligence in unexpected places will change our lives in truly profound ways. technology can
icony, and lots of positive u.s. corporate numrsued strong investment banking. tiayget help very soon. >> let's get a closer ir' benchmark tax is higher on the day. it wasur stoxx 50rly 0.7 higher tians. th wt toake its for ts,ut ect deilare no car thpart ny pplfeheubc sinue' jt w -olc caer heaslsma goodonntrspen iertial ppt secionstuon tn moac sfe, igo thbd aiho mu tyard tse licsnd wt r.heouesan- rrtiaw w cinupfttoal tpelen oos aians os kenwenau ia ge tu >>elmeac >> cuba is gra i cizs from february of nextea - jaar rher- cubans will be able to leave thesld wiouanxipeit the foreign ministry sd ty llll pspt. and they will be allowed to stbrdonr anefe. of did two years. e rorisarf psint ronald castro's attemptso deiz ca- president raul st' attpts to merze ba >> what ledo iseaioy e cuban govnment to popular desires to travel? ca ithmit of a major change right now? >>. t ihe pross of a gradually coroedhae ths t t mraon front, so to say, a belitieare wchs et iortant because many cubans have relativesbrdn amutls many other places, so the desiro b alwetoral tht asking permissiohaeean su
the debate's focus, the september 11 terrorist attack on the u.s. consulate in benghazi, libya, is expected to come up again. as sharyl attkisson reports, some are asking why american military help from outside libya never came. >> reporter: cbs news has been told that hours into the assault, an unmanned predator drone was sent over the u.s. mission in benghazi. it and other reconnaissance aircraft apparently observed the final hours of the protracted battle. a white house official won't detail the president's actions but told us at the start of the attack, military leaders look at available options and the ones we exercised had our military forces arrive in less than 24 hours, well ahead of timelines laid out in establishes policies. the official went on to add that a small group of reinforcements was sent from tripoli to benghazi, but declined to say how many or what time they arrived. that didn't help ambassador christopher stevens and three others who were killed. military sources tell cbs news that resources at nearby u.s. bases, sigonella, aviano, and souda bay, including planes which
saddam hussein. that only happened because of the u.s. invasion of iraq. but then even after the u.s. invasion and the toppling of hussein -- pusan -- a secular liberal government that was willing to cede some of its sovereign rights to a foreign power. some claim it's all different now with the islamic republic because the arab awakening, the demonstration effect will work together with sanctions to find the break the back of the islamic republic. but this ignores the fact that the islamic republic sees the arab awakening as hugely positive, hugely positive. iranian policymakers and analysts believe that any arab government, any arab government that becomes at all more representative of its populations beliefs, concerns and policy preferences will, by definition, be less enthusiastic about strategic cooperation with the united states, let alone with israel, and more open to iran's message of foreign policy independence. what policy elites here ms., is the islamic republic does not need governments to be more pro-iranian. that's not what they need. they just need these governments to
and virtually assure thad the treasury bond markets will lose patience with the u.s. congress and within two-five years and you will get a snap back and negative reaction from the treasury market who may not buy our u.s. bonds in force. there is a lot of feelings in the bond markets and laid back world coming to the u.s. as a safe haven. but jamie diamond saying that the u.s. can't borrow indefinitely . you don't the treasury market do your fiscal work for you. you don't want the fiscal discipline done for you. >> it is said only adult in town and doing something childish in the process. lizzie, it is ridiculous. thank you very much. star of fox business network. you don't get you should demand because your fiscal future depends on it. she mentioned jamie diamond. he is considered one of the brains was wall street and putting couple million dollars aside in just a case sceniar just in case it hits the fan. not if that will come in handy if there is a melt down. he's telling you he's girding for the storm. you should remember that. he said oh, this is the six billion bad trade? i want to remi
demand has doubled. there's high growth also here in the u.s. and we've seen that in the aerospace industry, very, very nice. we're seeing it in the u.s. automotive segment, very nice, and then there are on the other side -- i mean, coming down. we've seen the heavy truck segment coming down substantially, pretty much in the u.s., and building and constructions on the commercial building and construction side, there's still very little signs of life there. >> susie: you know wha, are your calculus telling you? we hear how businesses are weighed down by uncertainty. are they puting in more orders with you, or less? >> well, it's slowing down a little bit on some segments and other segments are strong. i believe if you look at it on a regional basis. the euro sown, as we've seen yesterday from projections. it's obviously in a difficult spot and continues to slow down. i just spent a week in china two weeks ago and had a lot of meetings with customers and as well as high government officials, and i could see that they're putting in a similar program which is strongly targeted on the i
telecom equipment makers in the world-- are a threat to u.s. security. >> ifill: we update the presidential race as both candidates compete in battleground states, and we preview the "choice 2012," airing tonight on froline. >> woodruff: from our climate change series, hari sreenivasan reports on urban areas heating up, and one city's efforts to cool down. >> ifill: and ray suarez has the story of a mexican drug lord killed in a gunfight, and his corpse stolen from the funeral home. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the former football coach who plu
sandy is expected to pack a huge punch when it hits the u.s. forecasts call for the storm to return it hurricane strength and while the timing and location of sandy's landfall is unclear, people are bracing along the eastern seaboard. governors in new york, pennsylvania, maryland, they've issued states of emergency while the limited state of emergency is in effect for maine. >>> meanwhile, the governor of delaware is prepared mandatory evacuations if sandy remains on its current path and in nearby virginia 300 national guardsmen could put on recovery efforts after sandy passes through that state. for those of you traveling this weekend, sandy is certainly going to have an impact. several airlines are announcing they will change their fees. >>> meteorologist alexandria steele joins us now. we're talking about maine and maryland and where is the storm now? >> maine to miami beach. you're talking about airport delays and cancellations and you could think of tens of millions being impacted. boston, new york, washington, dulles, reagan national. i mean, every major airport on the eastern
's almost been a concerted effort between the european central bank, the u.s. fed, as well as the bank of japan. have they done enough or would you like to see more? >> they have done a whole lot. surely much more than one might have expected at the beginning of the crisis. they have gotten -- the rates directly controlled more or less to zero. they have intervened some markets. they have taken an aggressive stance. there are more things to do, yes. the margin, qe 3 in the u.s. is probably useful. the scheme in the uk called funding for lending. these are useful schemes. they don't quite do the same as policy in normal times. but they work. and anything we have we should use. >> reporter: okay. what about europe? we did get news today that european stability mechanism was launched. do you think it can be fully mobilized in a timely manner to really help mitigate what's going on in europe right now? >> i think the very good news is the europeans have understood they can't do it bit by bit. they have to have an architecture which makes sen for the eurozone. large controls have been defin
. investors are getting more optimistic for the german economy, and lots of positive u.s. corporate numbers fueled the mood. goldman sachs profit rose much higher than expected thanks t the strong investment banking. shares of banks could profit from these results, driven also by speculation that spain may get help very soon. >> let's get a closer look at those gains on the global market. we stick in frankfurt where germany's benchmark tax is higher on the day. it was nearly 2% higher. as for the euro stoxx 50, nearly 3% higher. the dow jones is nearly 0.75% higher. >> several non-governmental organizations in berlin have called for more financial transparency for german politicians. they want to make it a prerequisite for parliamentarians to show whether cash comes from. >> the german parliament has rules for this, but exact details are not clear. the debate was spurred by the designated candidate for chancellor of the sbd party. many people feel the public should have information on his precise earnings. >> steinbrueck's talents have not just how to - political career. he has also made go
rallied. i think it's a broader focus. the european tail risk has gone away. u.s. and china numbers aren't great, but they're stabilizing. so i think people are getting their heads around the fact that things have perhaps bottomed out in the market. > > as you mentioned, ibm was a heavy weight on this market yesterday. could that continue on into today? > > it definitely could, and we'll see earnings coming out later. but right now i think the expectations are so low for the market, and i do believe that most people are looking past quarter three and maybe even quarter four, and i think more people are looking toward china and looking toward europe for where the market is going to go next, and not really on earnings per say. > > what about ge though? this sometimes can be a market mover. the earnings are coming up on friday morning. > > ge definitely could be a market mover. but when i consider the fact that yesterday ibm went down 5.5% and the s&p and the dow continued to rally, i don't know how much impact ge could have unless their earnings were so poor and such a game changer. other
of the general world economy. we see uncertainty in the u.s. and china slowing. >> bp is in advanced talks with rosneff but says no decision has yet been made. and president obama, mitt romney head into their final debate tonight as new poll shows they're now in a dead heat with just two weeks to go before election day. and plus japan records its sharpest export since last year's devastating earthquake. raising fears the world's third biggest economy could be slipping back into recession. it's the start of another week here on on "worldwide exchange." kelly is state side helping to host "squawk on the street." p meanwhile plenty to come still on today's show. here in london, protesters have been marching against austerity. one of our reporters was there. demonstrators took out their anger on multinational companies. in new york, wall street a underwhelmed as corporate giants like ge, part owner of this station, had cautious revenues. we'll pibd out if cat pill what are and yahoo! will buck the trend or affirm it pnd and obama and romney squaring off, who is likely to deliver the knockout b
Search Results 0 to 49 of about 315 (some duplicates have been removed)

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